The short spiked on Tuesday and the short sellers volumes increased dramatically. I did ask who had the power to short the stock down to desired level but I received no answer that's why I blamed the shorters.
Actually I'd like to play with the shorts and I pay attention to their activities by monitoring the shortman chart. If a blue chart suddenly dip I'd buy everytime the stock falls because I know shorters are covering. Things have yet happened to mlx but I think It's bad for them t0 short mlx simply because I am sure mlx will be one of emerging stocks.
MLX Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
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